Eastern Europe: Lentil Market 2024

Lentil Market Size in Eastern Europe

After three years of growth, the East European lentil market decreased by X% to $X in 2023. In general, consumption, however, saw prominent growth. The level of consumption peaked at $X in 2022, and then dropped sharply in the following year.

Lentil Production in Eastern Europe

In value terms, lentil production skyrocketed to $X in 2023 estimated in export price. In general, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Russia (X tons) constituted the country with the largest volume of lentil production, accounting for X% of total volume. Moreover, lentil production in Russia exceeded the figures recorded by the second-largest producer, Bulgaria (X tons), more than tenfold.

In Russia, lentil production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bulgaria (X% per year) and Ukraine (X% per year).

In 2023, the average yield of lentils in Eastern Europe shrank modestly to X tons per ha, remaining constant against the previous year's figure. Over the period under review, the yield, however, showed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the lentil yield reached the peak level at X tons per ha in 2017; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of lentils production in Eastern Europe shrank to X ha, falling by X% on the year before. In general, the harvested area, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to lentil production attained the maximum at X ha in 2018; however, from 2019 to 2023, the harvested area failed to regain momentum.

Lentil Exports

Exports in Eastern Europe

In 2023, the amount of lentils exported in Eastern Europe skyrocketed to X tons, increasing by X% compared with the year before. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked in 2023 and is likely to see gradual growth in the immediate term.

In value terms, lentil exports skyrocketed to $X in 2023. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2023. Ukraine (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Ukraine (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia (X p.p.) and Ukraine (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Russia ($X) remains the largest lentil supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports.

In Russia, lentil exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Ukraine (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Lentil Imports

Imports in Eastern Europe

In 2023, lentil imports in Eastern Europe dropped to X tons, with a decrease of X% against the previous year. Total imports indicated a temperate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, lentil imports shrank to $X in 2023. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then dropped in the following year.

Imports by Country

The Czech Republic (X tons) and Bulgaria (X tons) represented roughly X% of total imports in 2023. Poland (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%), Slovakia (X%) and Romania (X%). Russia (X tons) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Bulgaria ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Hungary, Slovakia, Romania and Russia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Import price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lentil import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2022, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform